And even more bank closings
America Blog Nov 07 09Silly bankers. They should have sold out to one of the big players on Wall Street. They would still be in action and flush with cash. Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.The Federal Deposit Insurance Corp. took over United Commercial Bank in San Francisco, with $11.2 billion in assets and $7.5 billion in deposits. East West Bancorp Inc., parent company of East West Bank based in Pasadena, Calif., is buying all of the deposits and most of the failed bank's assets. Full story...
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Citi really does deserve to be broken apart
America Blog 5 hours agoThe stupidity at Citi never ends. Tolerating it though is hardly much better. Shouldn't the owner (the US government) do something about it?
For Citibank credit card holders, there is one way to escape the bank's rate hikes currently under way: Meet a monthly spending requirement.
Of course it's animal cruelty
America Blog 8 hours agoThe only surprise is that it's taken so long to come to this conclusion. California is on the right side, again.
The strange and often bungled Goldman Sachs PR campaign continues
America Blog 11 hours agoEarlier this week Goldman was ripped for creating a $500 million fund to help small businesses. Many complained that this represented just a few percent of their profits.
Gallup Poll: Obama's job approval drops below 50%
America Blog 14 hours agoDropping under 50% isn't the worst thing in the world to happen. The big change seems to be on the issue of the economy and the health care fight.
The Strokes
America Blog 19 hours agoThere's a reason why The Strokes were at the top of the NME Top 50 list.
No pumpkin for pumpkin pie?
America Blog 21 hours agoNoooooooo! If you can find a fresh pumpkin, it's amazingly easy to prepare it for pie filling and it will taste better than the can.
Juvenile coelacanth filmed for first time
America Blog less than a day ago It wasn't long ago that people thought this fish had been extinct for 80 million years. The fish is living in Indonesian waters and it's not alone.
Greetings from Barcelona
America Blog less than a day agoThis picture is much better blown up, but still, I like it - it was the view from the conference room where we had my panel discussion today about the blogs and their influence, and it's got a bit of a futureworld meets old Europe - which is very much Barcelona, and this conference (Personal Democracy Forum - Europe).
Goldman shareholders asking for bonus cuts
America Blog less than a day agoI've been wondering how long it would take before shareholders turned on the excessive costs of payouts.
Crisis in US women's leadership
America Blog less than a day agoJohn met someone promoting equality for the new EU cabinet but as I mentioned earlier, we need to do much better with promoting women.
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